This award from CoStar is determined by the top commercial real estate deals executed each quarter, based on price and square footage. HVS Brokerage & Advisory was selected for its closing of the Best Western Port Aransas, marking the second quarter in a row that the firm has been selected for this award.
“I’m thrilled that our team has been recognized for the CoStar Power Broker award for both the first and second quarters this year. This highlights our team's expertise in consistently bringing liquidity to hotel owners from a nationwide pool of buyers, wherever their asset is located. Our industry knowledge spans a diverse array of markets, from small towns to major metropolitan areas, and everything in between. We look forward to continuing to maximize results for our clients for the remainder of this year and beyond,” said Eric Guerrero, Senior Managing Director, Partner of HVS Brokerage & Advisory.
This recognition demonstrates the HVS team’s continuing commitment to providing clients with the utmost level of satisfaction for their investment sales needs. Vince Vanorman, the Best Western Port Aransas client for this transaction, confirmed this sentiment, commenting, “The HVS team showed excellent understanding of how the asset, pricing, and local leisure market work together. With dedicated expertise, they carefully carried out a thorough marketing plan, resulting in a successful sale to local buyers.”
Since the division’s opening in 2018, the team has an aggregated deal volume of over $440 million from 63 closings across the country.
About HVS Brokerage & Advisory
The Brokerage & Advisory division is a specialized group within HVS that offers services related to investment sales and capital markets, focused exclusively on the hospitality industry. With a global footprint and over 40 offices nationwide, HVS’s hospitality intelligence and extensive expertise will help you achieve the results you want. Media Contact:
Lizzette Casarin
Senior Marketing Director
[email protected]
+1 (720) 244-7620